The Case in Point on Terminal Illness and Life Insurance

question 53

Multiple Choice

The Case in Point on terminal illness and life insurance discusses an industry which has been called the:

• A) viatical industry, which provides terminally ill people with access to quick cash while they are still alive.
• B) viatical industry, which sells life insurance to sick people.
• C) computer industry, which traces the genealogy of sick people.
• D) life partners industry, which helps people with AIDS find long-term health-care providers.

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Definitions:

Adjacent Gas Station

A term potentially referring to gas stations located near each other, often in a competitive proximity to attract more customers through convenience.

Multinational Conglomerate

A large corporation that owns a variety of companies in different industries and countries.

International Management

The practice of managing businesses operations across different countries, taking into consideration cultural, legal, and economic differences.

Personnel Synergy

The increased effectiveness that results when a group of individuals work together compared to when they work independently.